Gold and silver prices plunge
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Silver's dip offers a rare buying opportunity in a high-priced market, and there are ways to get it even lower.
Gold, Silver Rate Today, 4 February 2026 Live Updates: 24 K gold price rises over Rs 16,000 per gram
Gold, Silver Price Today (February 4) in Chennai, Hyderabad, Bangalore, Mumbai, Delhi Live Updates: Track latest gold and silver prices in India, MCX futures movement, global bullion trends, and market drivers as gold shows recovery after recent correction from record highs.
Silver prices have surged, driven by robust investor demand amid heightened political & macroeconomic risks. Read full analysis here.
Citi’s $150 silver target frames the metal as a high‑beta macro barometer where Chinese buying, structural supply deficits, and safe‑haven flows justify a new $65–$70 floor after a run from sub‑$20 to triple‑digit prices.
Spot gold rate rose 2.2% at $5,044.74 per ounce, after gaining 5.9% on Tuesday, its biggest daily gain since November 2008. The yellow metal scaled a record high of $5,594.82 last Thursday.
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While rising costs are squeezing Pandora's margins from one side, a deteriorating macroeconomic backdrop is hitting it from the other.
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Gold and silver rates today live updates: Gold prices in Delhi and Mumbai rise; silver prices fall
MCX Gold, Silver rates today: The price of gold on Wednesday stood at ₹1,53,440 for 24-carat per 10 grams, while silver was priced at ₹3,16,900 per kilogram. Globally, Gold rose for a second consecutive day.
Silver prices rose on the February 4 session on Comex to $86.85 per ounce as of 3:08 am GMT, up 4.27 per cent from the previous close.